Search the web
Sign In
New User? Sign Up
cbug2 · Crystal Ball Users Group (CBUG)
? Already a member? Sign in to Yahoo!

Yahoo! Groups Tips

Did you know...
Want your group to be featured on the Yahoo! Groups website? Add a group photo to Flickr.

Best of Y! Groups

   Check them out and nominate your group.
Having problems with message search? Fill out this form to ensure your group is one of the first to be migrated to the new message search system.

Messages

  Messages Help
Advanced
Conditional Probability   Message List  
Reply | Forward Message #2172 of 2449 |
Re: Conditional Probability

Hi, Jimmy,
If X and Y are continuous, then the probability of their assuming
particular fixed values is of course 0.
If X and Y are discrete, then you can run the simulation with lots of
iterations (depending on the number of possible combinations of values
of X and Y), extract the simulation data, and sort on X then Y. Simple
counting will allow you to calculate the desired conditional probability.
Regards,
Jim

--- In cbug2@yahoogroups.com, "asujames" <asujames@...> wrote:
>
> Hello all,
>
> I'm trying to model conditional proabailities in CB. Quick
> desscribtion of my problem.
>
> I have three distributions as inputs (X, Y, Z) and I run my MC to get
> output F. There is a correlation between X and Z and Y and Z. I want
> to be able to specify X and Y and run my simulation, but at the same
> time I want the correleation between the distributiuons to remain.
> Because of this I can't just set X and Y to a value and run because
> CB defines the correlations to assumptions.
>
> What I have done. I tried to use the 2D simulation tool to perform
> thsi task, which seemed liek it shodul work because it will set X and
> Y and then run the MC for Z and forcast my output F. The porbelm is
> the corrleatiosn do not remain between X and Z or Y and Z. So I can
> get a conditional probability for F but it doesn't include a
> crrelation ebwteen my inputs.
>
> The goals is to determin the 99th confidence for F given a X and Y,
> and running MC all all of my other inputs in thsi case just Z and
> keeping the correlations between my inputs.
>
> Has anyone tried to answer a simular type of problem and can help or
> maybe you see a solution that I'm missing
>
> Thanks
>
> jimmy
>





Sat Nov 15, 2008 2:51 pm

jamesamurtha
Offline Offline
Send Email Send Email

Forward
Message #2172 of 2449 |
Expand Messages Author Sort by Date

Hello, I am fairly new to Crystal Ball so this may be an easy question to answer. I am trying to find a way to model conditional probability. The easiest...
jsnasr
Offline Send Email
Jun 4, 2007
9:33 pm

Joe, In Crystal Ball, define an assumption using a hypergeometric distribution. This distribution models the situation you describe (sampling without...
Nick Martino
nvmartino
Offline Send Email
Jun 5, 2007
3:01 am

Hello all, I'm trying to model conditional proabailities in CB. Quick desscribtion of my problem. I have three distributions as inputs (X, Y, Z) and I run my...
asujames
Offline Send Email
Nov 14, 2008
10:41 pm

Hi, Jimmy, If X and Y are continuous, then the probability of their assuming particular fixed values is of course 0. If X and Y are discrete, then you can run...
jamesamurtha
Offline Send Email
Nov 15, 2008
2:51 pm

The distribution are continious gamma functions. I do not get what you mean by "If X and Y are continuous, then the probability of their assuming particular...
asujames
Offline Send Email
Nov 16, 2008
2:00 am

This illustrates the problem of specifying a model in terms of correlations. A correlation is a relationship among the distributions of the variables. When...
Eric Johnson
eric_r_johnson1
Offline Send Email
Nov 16, 2008
2:43 pm

Hi, Jimmy, Try this: Run your model, including the correlations using 20,000 or more iterations. Extract trial values for F, X, Y, Z. Sort the data on X....
jamesamurtha
Offline Send Email
Nov 16, 2008
3:12 pm

This the approach I was considering. I was just concerned that I would end up with a poor fit unless I run a large set of data. I will give it a try and see...
asujames
Offline Send Email
Nov 16, 2008
5:14 pm
Advanced

Copyright © 2009 Yahoo! Inc. All rights reserved.
Privacy Policy - Terms of Service - Guidelines - Help